Africa’s first female billionaire Isabel dos Santos fights $734-million asset freeze
The legal battle continues as dos Santos seeks to overturn the freezing order and address the charges against her.
The legal battle continues as dos Santos seeks to overturn the freezing order and address the charges against her.
The media’s narrative craftsmanship shines through in the saga of dos Santos, where the portrayal of Africa’s former richest woman ascends into fame and descends into infamy.
As Angola positions itself on the global stage, the planned IPO for Unitel and the stake sale in Banco de Fomento Angola reflect the government’s commitment to fostering economic growth.
Once considered Africa’s wealthiest woman, dos Santos was removed from Forbes’ list of the world’s wealthiest people in January 2021.
Dos Santos has faced corruption charges for years, including allegations that she embezzled nearly $1 billion.
Accusations of corruption have long plagued dos Santos, including allegations that she and her husband siphoned $1 billion from state funds.
David is the founder of Etu Energias, the largest private oil company in the country.
Dos Santos was once considered Africa’s wealthiest woman.
According to Forbes magazine, dos Santos was once Africa’s richest woman.
Dos Santos is the daughter of Angola’s former president.
The dos Santos family also demanded an apology for the treatment of the former leader.